Losses persisted in the quarter ending in June for Siemens Gamesa amid higher-than-expected ramp-up costs for the wind turbine manufacturer’s 5.X platform, but chief executive Andreas Nauen pointed to a “strong order backlog” and a focus on long-term profitability.

The OEM two weeks ago had already issued a profit warning, saying it had been set back by problems ramping up its flagship 5.X